CNBC Economy / Updates
- A Chinese start-up's unfolding dilemma exposes cracks in Beijing's tech funding machine June 12, 2026While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.
- Wholesale prices rose 1.1% in May, more than expected, on surge in energy June 11, 2026The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.
- ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs June 11, 2026The European Central Bank also raised its inflation forecasts and cut its growth outlook.